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'Banks refuse to make salary payments on behalf of Zimbabwe govt'
A dramatic financial crisis has hit Zimbabwe's civil service as banks have reportedly withheld payments for thousands of public sector workers' salaries, citing the government's inability to meet its ...Published: 03 Dec 2024 at 09:58hrs | 12955 | by Staff reporter
Zimbabwe's new policy outlines plans to widen tax base
The Zimbabwean government has announced a new policy under the Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP) to simplify tax models for Small to Medium Enterprises (SMEs). This move aims ...Published: 27 Oct 2024 at 12:18hrs | 264 | by Staff reporter
Zimbabwe's missing link
IN today's rapidly changing global business environment, organisations are under increasing pressure to remain competitive, innovative and sustainable.Leadership, in its truest sense, has beco...Published: 18 Sep 2024 at 08:29hrs | 130 | by Staff reporter
Chamisa not forming new party
NELSON Chamisa, Zimbabwe's main opposition CCC leader who quit his party on Thursday in a huff after its descent into political turmoil due to recalls of MPs and other elected representatives by self-...Published: 29 Jan 2024 at 10:06hrs | 1 | by Staff reporter
Zimbabwe prices soar as new taxes kick in
THE year 2024 has started on a sombre note for citizens as prices of basic commodities surge in the wake of businesses implementing new government tax measures.Meat dealers have indicated that...Published: 05 Jan 2024 at 05:53hrs | 12 | by Staff reporter
Retailers want zero VAT restored on basics
THE Confederation of Zimbabwe Retailers has called on Finance, Economic Development and Investment Promotion Minister Mthuli Ncube to reverse proposals to introduce Value Added Tax on a small range of...Published: 06 Dec 2023 at 05:04hrs | 10 | by Staff reporter
Why properties in Zimbabwe are overpriced
YOU probably have heard that properties in Zimbabwe are expensive, especially compared to regional peers like South Africa and Kenya.To substantiate this claim, a quick online survey on proper...Published: 09 Sep 2023 at 08:50hrs | | by Rufaro Hozheri
Zimdollar depreciation scares Mthuli Ncube
FINANCE and Economic Development minister Mthuli Ncube is concerned about the depreciation of the local currency against the greenback as he drafts the national budget for 2024, fearing Zimbabwe's fis...Published: 18 Aug 2023 at 18:10hrs | | by Staff reporter
Reserve Bank of Zimbabwe's external debt gives Treasury headache
TREASURY says taking over Reserve Bank of Zimbabwe (RBZ)'s external debt will make budget financing for the 2024 fiscal year difficult.On June 15, President Emmerson Mnangagwa issued Statutory...Published: 15 Aug 2023 at 06:34hrs | 9 | by Staff reporter
Mnangagwa threatens murambatswina II?
Unplanned and chaotic urban settlements without proper sewers, water supply roads and social amenities and with building on land totally unsuitable for human habitation are a serious risk to public he...Published: 06 Mar 2023 at 05:17hrs | 9 | by Staff reporter
'Zimbabwe making progress in formalising economy'
FINANCE minister Mthuli Ncube says the country is fast gaining ground on formalisation despite 86% of the economy being informal.Speaking at the launch of the second phase of the financial inc...Published: 01 Nov 2022 at 05:10hrs | | by Staff reporter
Zimra to intensify revenue collection
THE Zimbabwe Revenue Authority (Zimra) is intensifying domestic resource mobilisation to guarantee the availability of adequate financial resources required to fund critical Government programmes....Published: 17 Oct 2022 at 06:05hrs | 1 | by Staff reporter
Kagame tells Mnangagwa to stop pretending Zimbabwe economy is doing good
RWANDAN President Paul Kagame has told President Emmerson Mnangagwa to stop pretending or try to convince other countries that things were good in Zimbabwe.Kagame said this on the sideli...Published: 07 Sep 2022 at 20:41hrs | 1 | by Staff reporter
Prices in Zimbabwe run riot!
THE economic malaise has deepened in recent weeks as the cost of living is spiralling out of control with prices soaring by about 30% during the first week of April. This has plunged households into e...Published: 08 Apr 2022 at 08:22hrs | 1 | by Staff reporter
Home Affairs ministry must address IDs bottlenecks
YOUTH Forum wishes to congratulate the 25 603 citizens who registered to vote from the start of the voter registration blitz to the present.As announced by the Zimbabwe Electoral Commission (Z...Published: 22 Feb 2022 at 05:40hrs | 8 | by Institute for Young Women Development
The rise and fall of the MDC: Winners, losers and neutrals
AS Zimbabwe approaches crucial by-elections in March, which will test the strength of main contestants while determining the authentic opposition, there is no denying that the MDC, which has posed the...Published: 08 Feb 2022 at 18:21hrs | 7 | by Staff reporter
Bread price hike exposes Zimbabwe govt rot
IN the past year, Zimbabweans have been treated to sustained State propaganda to the effect that the economy is on the recovery path.But currency volatilities have continued unabated and the a...Published: 19 Jan 2022 at 05:23hrs | | by Staff reporter
Eradicating extreme poverty critically essential
The World Bank Economic Update on Zimbabwe released in June 2021 contains some worrying trends on the increase in extreme poverty in the country. The report points that the number of extremely poor re...Published: 29 Jul 2021 at 13:27hrs | 9 | by Victor Bhoroma
MPs call govt to order
LEGISLATORS from across the political divide yesterday teamed up in condemning the government sanctioned demolitions, describing them as an open war against citizens, particularly informal traders....Published: 17 Jun 2021 at 06:12hrs | | by Staff reporter
Paltry taxes cripple recovery
SHOCKING evidence of tax leakages hogged the limelight this week, with Finance and Economic Development minister Mthuli Ncube saying the informal sector, which makes up 70% of Zimbabwe's gross domesti...Published: 01 Apr 2021 at 07:24hrs | 6 | by Eddie Cross
Paltry taxes cripple recovery
SHOCKING evidence of tax leakages hogged the limelight this week, with Finance and Economic Development minister Mthuli Ncube saying the informal sector, which makes up 70% of Zimbabwe's gross domesti...Published: 01 Apr 2021 at 07:24hrs | | by Eddie Cross
Economic growth stimulus precedes taxation
Zimbabwe's 2021 national budget paints a picture of sustained austerity in the mid-term, with increases in taxes for various sectors of the depressed economy. A 126% jump in budgeted tax revenue colle...Published: 22 Dec 2020 at 19:28hrs | 9 | by Victor Bhoroma
Only 7% of Zimbabweans contributing to social security, says NSSA
A total of 1,3 million people out of the total population of 14,9 million, representing 7% are currently contributing to social security administered by the National Social Security Authority (NSSA)....Published: 18 Dec 2020 at 17:52hrs | | by Staff reporter
Zimra surpasses net revenue collection target
THE Zimbabwe Revenue Authority (Zimra) collected a net revenue of $23,19 billion against a target of $18,60 billion for the year ending December 31 2019 amid inflation and foreign currency challenges ...Published: 18 Dec 2020 at 06:12hrs | | by Staff reporter
Zimbabwe's social protection lack co-ordination, under-financed
ZIMBABWE'S social protection interventions lack coordination and are generally under-financed as a result of the poor performance of the economy, a new report has shown.A report titled: Action...Published: 22 Jul 2019 at 08:25hrs | 1 | by Staff reporter
Zimbabwe plans factories for 63 districts
ZIMBABWE plans to set up at least one factory in each of the country's 63 districts as authorities attempt to improve standards of living for people in economically backward areas.The recently...Published: 15 Jul 2019 at 07:52hrs | | by Staff reporter
'Dollarisation failed to create jobs in Zimbabwe'
While Zimbabwe registered remarkable economic growth during the multi-currency era, the period dismally failed to generate significant formal jobs, research findings 5released by the Reserve Bank of Z...Published: 12 Jul 2019 at 18:57hrs | | by Staf reporter
Zimbabwe needs complete transformation, not patchworks.
"In a world of conspicuous institutional failure, one entity that still offers some important lessons for the practice of governance is Singapore." Kent CalderZimbabwe is experiencing a struct...Published: 16 Jun 2019 at 19:13hrs | | by Dr Gus Manatsa
Dismissal of Zacc commissioners commendable
Corruption in Zimbabwe has to be stamped out. On January 31, 2019, President Emmerson Mnangagwa fired the entire Zimbabwe Anti-Corruption Commission (Zacc) in a move that was hailed as progressive....Published: 10 Feb 2019 at 06:28hrs | | by Gloria Ndoro-Mkombachoto
The MDC is against the second Murambatsvina
The ongoing destruction of people's businesses synonymous of operation Murambatsvina is not only sad but inconsiderate.It is an indictment on the Zanu PF government and reveals their lack of c...Published: 29 Jan 2019 at 15:20hrs | | by Jacob Mafume MDC National Spokesperson
Les Propheties: A peep into the year ahead
FRENCH apothecary and astrologer Michel de Nostredame, commonly referred to as Nostradamus, is best known for his book Les Propheties, a collection of 942 poetic quatrains claiming to predict future e...Published: 06 Jan 2019 at 10:06hrs | | by Staff reporter
Supply side intervention key for Zimbabwean Industries
The local industry has been operating below par in the last 20 years. Various policies by the government have failed to reindustrialize the economy with the sector's contribution to GDP falling below ...Published: 01 Dec 2018 at 10:22hrs | | by Victor Bhoroma
Zimbabwe's economic woes self-inflicted
THE Zimbabwean economy is bedeviled with self-inflicted woes.However, the economic tribulations largely emanate from government portfolios and their episodic fiscal blunders.The fiscal...Published: 26 Oct 2018 at 08:43hrs | | by Paddington Masamha
Mthuli Ncube's fiscal measures: A case of barking up the wrong tree
FINANCE minister Mthuli Ncube (pictured) took the easy way out - by taxing the overburdened and vulnerable masses in a bid to reduce the budget deficit in his first major policy move - rather than cur...Published: 06 Oct 2018 at 09:00hrs | 1 | by Kuda Chideme
Mthuli Ncube's 'painful' revenue masterstroke
AS Zimbabwe focuses on transforming the economy and broadening the job market, it is important for every citizen to appreciate the desperate need for generating critical funding to oil the development...Published: 03 Oct 2018 at 07:22hrs | | by Prosper Ndlovu
Govt de-dollarises economy, bond notes bounce back
GOVERNMENT has technically de-dollarised the economy by reintroducing local currency bank accounts, which will be traded in electronic transfers and bond notes only, and piled more taxes on the transa...Published: 02 Oct 2018 at 09:28hrs | 1 | by Staff Reporter
Mthuli Ncube slaps 'catastrophic' tax on electronic transactions
Zimbabwe's newly appointed Finance and Economic Development Minister Mthuli Ncube has announced a 2 cents per dollar tax on electronic transactions as the country moves to widen its tax base."...Published: 01 Oct 2018 at 22:06hrs | | by Staff reporter
Mthuli Ncube increases tax on money transfers
THE new Minister of Finance and Economic Development has increased the charges on money transfers to 2c per every dollar transacted from 5c per every transaction in order to widen the tax base and ens...Published: 01 Oct 2018 at 21:51hrs | 1 | by Staff reporter
Mnangagwa to dump old ministers
President Emmerson Mnangagwa is set to retire long-serving Cabinet ministers and deploy them at Zanu-PF headquarters, as he comes under growing pressure to dump the deadwood that worked for decades wi...Published: 04 Sep 2018 at 07:21hrs | | by Staff reporter
'Mnangagwa to reshuffle old Mugabe's cabinet'
Zimbabwe Congress of Trade Unions secretary general Japhet Moyo has said he is very disheartening to note that what has been billed as a new dispensation in Zimbabwe is just to have a reshuffle of for...Published: 03 Sep 2018 at 08:43hrs | 7 | by Stephen Jakes
Zimbabwe underestimating its GDP
Zimbabwe's gross domestic product (GDP) reached $17, 85 billion last year, which is an all-time high, according to industry and commerce experts TradingEconomics.comZimbabwe's GDP averaged $6,...Published: 29 Jul 2018 at 10:10hrs | 1 | by Staff reporter
The greatest betrayal ever.....bring back the Mugabe's!
Dear Voter Please never mind my poor English characterized by grammar and spelling errors but feed on the point, after all its the content that matters most.As the clock ticks towards July...Published: 12 Jul 2018 at 09:48hrs | | by Munya Shumba
Zimbabwe targets tax cuts for SMEs
The Zimbabwe Revenue Authority (Zimra) plans to cut taxes for small to medium enterprises (SMEs) as part of efforts to help them formalise their operations through compliance.A working paper t...Published: 03 Jun 2018 at 08:20hrs | 1 | by Staff Reporter
Nothing changes in Zanu-PF
To any right-thinking person, it would be foolish to expect President Emmerson Mnangagwa to fix Zimbabwe's broken economy in the few months he has been in the office.That is totally impossible...Published: 27 Mar 2018 at 11:28hrs | 1 | by Eric Chiriga
Biti attacks Zanu-PF
As the country hurtles towards the watershed 2018 elections, with less than four months to go, People's Democratic Party (PDP) leader Tendai Biti has attacked Zanu-PF for failing to fulfil promises it...Published: 26 Mar 2018 at 10:35hrs | | by Staff reporter
Five years of nothing, a manifesto of hot air promises
The Zimbabwean people have been dragged into a bottomless, many rue the 2013 election, the election has turned out to be a late July fool's day dummy. Many false promises were made by ZAN...Published: 22 Mar 2018 at 14:08hrs | | by Jacob Mafume
Khupe's speech - Bulawayo Rally
Salutations Today I stand in front of you as a proud legitimate and constitutionally elected Acting President of the MDC, because of the unconditional l...Published: 19 Mar 2018 at 16:09hrs | | by Staff Reporter
Militarisation of politics rarely delivers democracy
In an effort to rebrand and remake himself, President Emmerson Mnangagwa has made glaring misrepresentations on the nature of the political transition, commitment to free and fair elections, ability a...Published: 16 Mar 2018 at 07:19hrs | | by Pedzisai Ruhanya & Bekezela Gumbo
Prices of basic commodities stabilise
The current drop in basic commodity prices was influenced by a marginal decrease of fuel prices but more has to be done to address the deep-seated currency problems in the country, sector representati...Published: 04 Feb 2018 at 09:06hrs | | by Staff reporter
PRC reaffirms Mujuru as Presidential Candidate of Choice for 2018 elections
PEOPLE'S RAINBOW COALITION (PRC) RESOLUTIONS OF THE 1st JOINT COORDINATING COMMITTEE HELD ON 15 DEC 2017.We are in it to win itThe First...Published: 18 Dec 2017 at 12:35hrs | | by Dr Gorden Moyo
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